We examine the use of subsidies to R&D in a mixed and a private duopoly market. We show that the socially optimal R …&D subsidy is increasing in the degree of spillovers but it is lower in the private duopoly. The optimal R&D subsidy leads to an … efficient distribution of production costs. We also find that privatization of the public firm reduces R&D activity and welfare …

We examine the use of subsidies to R&D in a mixed and a private duopoly market. We show that the socially optimal R …&D subsidy is increasing in the degree of spillovers but it is lower in the private duopoly. The optimal R&D subsidy leads to an … efficient distribution of production costs. We also find that privatization of the public firm reduces R&D activity and welfare …

This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product …

This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product …